student loan

What Loan company will take over my federal student loans when the loans are in forbearance so I can go back to school?
My loans are government loans from Saillie Mae. I owe them under $5000.
I heard about this company that will take over your school loans from them but I don’t know the name of the company.

Rent Back
Categories : student loan
Comments (1)
Apr
25

Unsecured loan?

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unsecured loan

I just paid off my unsecured loan with rate of 17.99%. And i want to borrow another unsecured loan later. And my ? is how long will it take to reflect my credit history that will show that i dont have any debt. And also, if i borrow money again will it also decrease my rate….cuz i paid off my debt on time…

Rent Back Fast
Categories : unsecured loan
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I’d run around boot camp for a few weeks this summer to erase my student loans, then do the Reserves one-weekend-a-month thing. Who has the best deal for the least amount of work (and risk of death)?

(BTW, I’m 38, but definitely in boot-camp shape.)
I see the National Guard Reserves may be the best bet.

Rent Back

Categories : student loan
Comments (1)
student loan deal

I’m underemployed – working two hourly wage jobs because I’m “overqualified” (meaning possibly “too old” at 45!) for jobs I apply for. My loans are consolidated with Sallie Mae, and my deferments and forebearances have all ended. A monthly payment of near $900 is due, and I can’t afford it – monthly gross income is $1250. Sallie Mae has online alternative arrangements, but that only reduced payment to $700 for a year or two and then balloons them. I’ve talked with Sallie Mae but they don’t want to take more modest payments (e.g. $100)

I don’t want to default. I feel very stuck. Looking for a good-paying job has been a 4-year struggle as it is. Joining the Peace Corps is the only way to defer payments any further – I’m adventurous but I think that doesn’t solve my problem, really.

Help! Please advise me – there has to be a nugget of hope.
Should have also said – I own no property, no home, no equity, no IRA, no savings. Used these up to pay for necessities and some medical.

Rent Back Fast

Categories : student loan
Comments (1)
mortgage fraud

Please explain
Realtor appraiser, banking Department ,Hud,Builders are all worried now after so many of them defraud people out of their homes I am so happy they are getting the lose now see how it feels.

http://www.care2.com/c2c/group/PredatoryLending

Read this link

http://www.mortgagepress.com/article.asp?id=103340

http://www.businessweek.com/magazine/content/06_40/b4003063.htm?campaign_id=rss_topStories

http://www.msfraud.org/howtheysteal.html

http://www.post-gazette.com/pg/06282/728649-28.stm

http://www.predatorylendingsucks.com/

http://www.chicagotribune.com/news/specials/broadband/chi-mortgagefraud,0,1052574.htmlstory?coll=chi-site-nav

http://www.msfraud.org/index.html

http://www.prweb.com/prfiles/2005/05/23/243928/PrivatePropertyRightsArticle.pdf

http://www.butera-andrews.com/legislative-updates/directory/new-developments/EMC%20Press%20Release.pdf

http://www.topix.net/forum/us/T7SD7L4F9H534BHNV

http://www.mortgagenewsdaily.com/9302004_Predatory_Lending.asp

http://www.banking.state.ny.us/pr051018.htm

http://www.oag.state.ny.us/press/2002/oct/oct11a_02.html

http://www.click2houston.com/news/9584679/detail.html

http://economy-chat.com/aggy/tag/businessweek/

http://www.consumeraffairs.com/news04/2006/06/mortgage_geek.html

http://www.mortgagechronicle.com/home092906.asp

http://goldismoney.info/forums/t66835-wall-street-thinks-banks-should-mop-up-the-mess.html

http://query.nytimes.com/gst/fullpage.html?res=9905E7DD1430F934A35756C0A9649C8B63

http://query.nytimes.com/gst/fullpage.html?res=9507E2D6163DF936A15757C0A9659C8B63

http://schumer.senate.gov/SchumerWebsite/pressroom/press_releases/PR00589.html

http://www.flippingfrenzy.com/category/stop-fraud-act/

http://usmarket.seekingalpha.com/article/16250

http://www.bloglines.com/preview?siteid=7570325

http://www.unh.edu/news/cj_nr/2006/october/as_100306carsey.cfm?type=n

http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2005/08/12/MNG7UE70IF1.DTL

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=929118

http://www.cook-county-real-estate.net/blog/2006/09/01/predatory-lending-program-goes-into-effect-today.html

http://www.businessweek.com/magazine/content/06_37/b4000001.htm

http://www.mortgagenewsdaily.com/topstories.asp

http://mortgage-home-loan-bank-fraud.com/articles.html

http://www.banklawyersblog.com/3_bank_lawyers/2006/10/loan_originator.html

http://www.ripoffreport.com/results.asp?q1=ALL&q5=MortgageIT&submit2=Search%21&q4=&q6=&q3=&q2=&q7=&searchtype=0

Repossession

Categories : homeowner loan
Comments (5)

Ok, so theirs this form they send in the mail to people who are behind on loan payments, that says check one of the following boxes, one of them is , ‘This loan was discharged in bankruptcy’ , but is EDFUND a federal loan, that cannot be dissolved in Bankruptcy? The student is thinking of declaring bankruptcy but was under the impression that this could not be dissolved in Bankruptcy? Does anyone have a clue? Do federal / non federal student loans dissolve/ or do not dissolve, in bankruptcy? Or what is the deal?

Sell House Quick
Categories : student loan
Comments (1)
debt consolidation

Debt consolidation loans are, and have been, the knight in shining armour for those people who have been afflicted with bad credit history. Quite often those who do not go down the route of debt consolidation loans for people with bad credit often end up in a far worse position due to their worsening credit status and financial situation.

The general purpose of a debt consolidation loan is that it replaces all accumulated debt, whether it be credit card debt, faltering hire purchase agreements, personal loans, it doesn’t really matter but by combining them all into a much more manageable debt consolidation loan it suddenly becomes a lot easier to take a grip of previously out of control finances.

The reason that debt consolidation loans are so beneficial to people with a bad credit history is simply that they are actually designed to deal with the problem of runaway debt and as such are seen by many financial institutions as the ideal product for people with a bad credit history.

It was not always the case though, as people with bad credit history were more often than not declined for loan applications irrespective whether they were for consolidation purposes or not. But, eventually, financial institutions started to realise that they were actually harming themselves by distancing themselves from these customers, as their refusal to lend to potential borrowers who had a bad credit history often led to an increase in accounts with overdue or late payments, as many of these customers were actually trying to avoid further tarnishing to their history by seeking out a debt consolidation loan.

Needless to say,  that nowadays, debt consolidation loans for people with bad credit history are commonplace as it is seen by lenders as a positive move on the behalf of the borrower rather than a negative.

So, the initial question was, ‘Are debt consolidation loans for people with bad credit a good thing or a bad thing?’ and the answer is it can be both.

The GOOD is that there is now a way for people suffering with a bad credit history to get help and that their debt as a result will become more manageable.

The BAD is that these debt consolidation loans are usually at a higher interest rate.

It is your responsibility to check out all the current rates available from different lenders, and it is never wise to jump in and go with the first lender that offers you a debt consolidation loan and debt settlement package, as may be the temptation, especially if you have been refused a debt consolidation loans elsewhere.

Once you have decided upon a lender for your debt consolidation loan, the first step of the debt eliminating process will be to make an exhaustive list of all debts regardless of their size, remember you are consolidating ALL debt, not just specific problem areas.

A significant part of the process of debt settlement is the job that your debt consolidation loan provider does when negotiating with your creditors. They will often try to get certain debt written off or reduced as their guiding principal is to save as much money for the debtor as possible.

It is often considered that debt consolidation loan providers are best placed to do this job as they have the time and the negotiating skills required to achieve large reductions in debt for the borrower but, it is something that I suggest you are fully able to do yourself for no cost.

Also there are certain methods of debt removal that are both legal and ethical, these methods are rarely used and can reduce your debt to zero in as little as three years with no increase to payments and they will work even quicker when used in conjunction with a debt consolidation loan. Needless to say the banks and financial institutions have known about these methods for years but, it is not in their interests for you to know about them, why? Because it would cost them millions! 

You can find out more about these methods by following my links at the end of this article, you really should know about them prior to applying for a debt consolidation loan.



Repossession
Categories : debt consolidation
Comments (0)
Apr
19

Laws About Payday Loans:

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payday loan

The most important payday loans laws to familiarize you with are the ones that stipulate the interest & fee charges attached to cash advance loans. Since laws about payday loans govern how much a payday lender can charge when it comes to interest & fees, it’s important to know whether or not you’re being cheated — and yes, many lenders will try to cheat you out of money. If you’re in the market for a payday loan, you had better be careful. Although there are many payday loans lenders that won’t try to take advantage of you, there are just as many who will. Having said that, try to keep up to speed on the laws about payday loans, especially those that are unique to your state. Aside from knowing the legally allowed interest rates & fees, you should know that each & every payday loan company must clearly display their terms and fees. This means the contract you read must be easily understandable and hide nothing. Before this particular law on payday loan, lenders could hide their enormous fees and overwhelming interest rates in a sea of financial jargon that only bank representatives could understand. But, now that times have changed, all lenders must abide by this rule and be 100% upfront with all costs and interest rates or suffer the wrath of unyielding lawsuits and government sanctions. You have read a lot about payday loans moreover according to the lenders, availing the payday loans is very easy. This is your duty to read the laws and methods of payday loans as the lenders provide payday loans state wise. The page for each state where payday lending is legal gives the key cost of loan terms under state law. Look for the cost of a payday loan in dollars and annual interest rate for a 15day $100 loan. Each page lists the maximum number of loans a consumer can have, any limits on loan renewals and requirements for extended repayment plans. Collection limits spell out the fees lenders can charge if the loan is not repaid and whether the lender can use or threaten criminal action if a borrower is unable to make good on the check used to get a loan. Nothing can be left for free. Payday lending also requires certain payday loan laws to ensure payday lenders don’t take borrowers for a ride. State payday loan laws govern payday lending, depending on the location of the borrower and where the payday loan lender is located. State payday loan laws insist that the APR (Annual Percentage Rate) of a payday loan shouldn’t exceed a certain limit. The APR is a calculation of payday loan laws that works out the annual rate of interest charged on a loan. According to payday loan laws, the payday lender is required to inform his borrower about his APR before finalizing a deal. The calculation and disclosure of APR in the US is governed by the Truth in Lending Act. Being short-term unsecured loans; payday loans could prove to be expensive. Payday loan laws help customers get a fair and transparent deal. Payday loan laws also seek to reduce the risk factor the borrowers may be forced to face by payday lenders if they weren’t governed by the payday loan laws.



Quick House Sale
Categories : payday loan
Comments (0)
debt consolidation

Does anyone know of any real debt consolidation programs to reduce your monthly bills? I currently have a lot of short term, high payment/interest loans and I had to recently find a new job that doesn’t pay quite as good. I need to reduce my monthly bills (while maintaining my good credit of course) any ideas would be much appreciated. Thanks.

Sell House Quick
Categories : debt consolidation
Comments (4)
debt consolidation

I have approximately $15K in various credit card and hospital bill debt. I am looking for a good company that does debt consolidations/loans.

There are lots and lots of companies available but i’ve heard there are both good and bad ones out there. Personal experiences are highly important so if you have any – please share them.
Also, is there any rating/review service or consumer guide that has written about this field? Web Links?

Quick Property Sale

Categories : debt consolidation
Comments (2)

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